Nothing new in the markets to report, as they continue to churn sideways. Economic reports were light this week, with only the wholesale inventories number left (due out tomorrow morning). Friday should be relatively uneventful – barring an unexpected event – and leave us with more of the same.
The sideways combos continue to be rewarded here. With about a week left to September's options expiration, we are still seeing some good opportunities out there.
Continue to focus on the shorter-term and take advantage of these sideways markets for now.
See you on this Sunday's live Trading Room class!
Have a great night,
Your Maverick Trading Team